Connect to share and comment

Report finds Gen Xers lost almost half their wealth in recession, questions retirement savings

NEW YORK, N.Y. - A research report by the Pew Charitable Trusts says younger baby boomers and Generation Xers face an uncertain retirement because of reduced savings, high levels of debt, and losses during the Great Recession.

New fitness centers cater to aging baby boomers

By Dorene Internicola NEW YORK (Reuters) - Baby boomers, the generation that vowed to stay forever young, are getting older, designing senior-friendly gyms and becoming their own personal trainers. In exercise havens for the over-50 set, the cardio machines are typically low impact, the resistance training is mainly air-powered and some group fitness classes are taken sitting down. At Welcyon gyms, founded by husband-and-wife boomers Suzy and Tom Boerboom, the average age of members is 62.

Report: Chinese director investigated for allegedly fathering 7 kids despite 1-child policy

BEIJING, China - Authorities are investigating whether one of China's top film directors has fathered seven children in violation of the country's strict family planning laws, state media and a local official said Thursday. Media reports circulated online this week that Zhang Yimou, who is also known as the architect of the opening ceremony for the Beijing Olympics, has seven children from his two marriages and from relationships with two other women.

Compare voluntary survey with mandatory census at own risk: Statcan

OTTAWA - The first pack of data from 2011's National Household Survey comes with the census equivalent of a Surgeon General's warning: make any historical comparisons at your own risk. Slapped across the back pages of most of the Statistics Canada documents released Wednesday is a disclaimer that the voluntary National Household Survey is an altogether different beast than the now-scrapped mandatory long-form census.

Canada has second-highest rate of first-day infant deaths in industrialized world: report

TORONTO, ONTARIO, - Babies born in Canada have a surprisingly high likelihood of dying on the day of their birth, a new study suggested Tuesday. A report from international aid organization Save the Children assessed infant mortality data from 176 countries worldwide, focusing specifically on how many newborns are able to survive beyond their first day out of the womb. The report said Canada had the second-highest rate of first-day infant mortality in the industrialized world, with roughly 900 babies _ or 2.4 per 1,000 births _ ending in early tragedy.

Insight - Ageing deepens debt-laden Europe's economic woes

By Alan Wheatley, Global Economics Correspondent RIGA/LISBON (Reuters) - Long after the debt crisis is over, Europe will be grappling with an even more serious problem - how to pay for growing numbers of old people. The population of some countries is stagnant or already shrinking, notably Germany's. That will reduce savings and potential economic growth. The workers who remain are getting older and so are less productive. That will hold back living standards.

Baby boomers'economic participation hits record

The rate of economic participation among baby boomers is currently 73.8 percent, the highest since 2000, data showed Tuesday.However, the data released by Statistics Korea raises concern that the percentage of the country’s economically active population will drop sharply when the baby boomers, born between 1955 and 1963, reach the retirement age of 60.The economic participation rate refers to the ratio of both employed and unemployed who can work and produce output among people aged 15 and older.Korea’s baby boombers constitute the bulk of the population in their 50s.

More Eastern European settlers make Western Europeans happier with immigration - study

A higher level of migrants settling from Eastern Europeans makes West Europeans feel happier about immigration in general, a new study says. The British Sociological Association’s annual conference in London heard on April 3 that people rated the economic and cultural benefits of immigration more highly the more East Europeans migrants there were in their country. Anne-Marie Jeannet, a graduate student researcher at the University of Oxford, told the conference that she examined responses by 95,685 people in 15 West European countries (including Greece) to the European Social S

Impact of Bulgarian, Romanian migrants on Britain likely to be modest: report

The British Foreign and Commonwealth Office (FCO) on Friday said in a report that immigration into Britain from Romania and Bulgaria is likely to have only modest impacts on the country's public services. The FCO report came ahead of a planned lifting of immigration restrictions on migrants into Britain from the two of the European Union's (EU) newest member countries. "Our research suggests that there will not be a major impact on services of any further migration from Romania and Bulgaria once restrictions have lifted," said Heather Rolfe, one of the authors of the report fro

Japan provides USD 6 m to support UNHCR’s refugee programmes in Pakistan

Japan has provided USD 6 million in support of the UNHCR’s refugee programmes in Pakistan and the funds will support UNHCR’s commitment to provide primary school education to around 75,000 refugee children in different refugee villages. The funding will also bolster UNHCR’s efforts in providing assistance to Afghan refugees in the areas of primary health care, provision of legal services, specialised services for children at risk, and survivors of sexual and gender-based violence.
Syndicate content